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2021 (11) TMI 88 - AT - Income TaxExemption u/s 11 - denying grant of registration u/s. 12AA - whether the objects of the applicant are charitable in nature or not and genuineness of the activities carried on by the trust - HELD THAT:- During the course of proceedings before the ld. CIT(Exemption), Pune, the appellant company was called upon to file certain information as to the details of expenditure incurred by it in the preceding financial year vide letter dated 13.08.2020 so as to enable the ld. CIT(Exemption) to form an opinion as to the genuineness or otherwise of the activities carried on by the appellant company. It is an admitted position that the appellant had not complied with the said notice for whatever reasons. However, keeping in view the difficulties being faced on account of Covid-19 pandemic, we are of the considered opinion that the interest of justice would be met if the matter is remanded back to the file of the ld. CIT(Exemption) to grant one more opportunity to the appellant company to comply with the notice issued on 13.08.2020 and with direction that the ld. CIT(Exemption) to decide the issue of grant of registration u/s. 12AA of the Act on the touchstone of the law laid down by the Hon'ble Apex Court in M/s. Ananda Social and Educational Trust [2020 (2) TMI 1293 - SUPREME COURT] Accordingly, the matter is remitted back to the file of the ld. CIT(Exemption). Appeal filed by the assessee is partly allowed for statistical purposes.
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